SELCKE V NEW ENGLAND INSURANCE CO

(1993) 2 Re LR 292

US Court of Appeals (Seventh Circuit)

Before Circuit Judge Cudahy, Circuit Judge Posner and Senior Circuit Judge Eschbach

Arbitration clause - Interpretation - Setoff - “irreconcilable difference.. as to interpretation of this Agreement” - Illinois law creating statutory right of setoff between insolvent insurance company and any other person - Whether dispute as to setoff a dispute over “interpretation” of contract.